8 Versailles Ct, Newark, DE, 19702 | $750/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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8 Versailles Ct, Newark, DE, 19702 | $750/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Newark at 8 Versailles Ct, Newark, DE, 19702 at $339,900 posts ROI 27.9% with $750/mo cash flow from $2,717/mo rent. Total monthly income equals $2,717/mo, and annual cash flow records $8,999/yr on $112,677 to close. Return on cash invested measures 27.9% and rental yield reads 9.59% at the current $339,900. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,908 by year five. Five-year ROI prints 145.14% and total cumulative return in cash totals $163,535.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,717/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Townhouse

Built in 1996

2,178 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully updated 3-bedroom, 2.1-bath townhome located in the sought-after community of Frenchtown Woods in Newark, DE. The main level features an open floor plan with a stunning kitchen complete with granite countertops, tile backsplash, center island, and updated appliancesincluding a gas range, refrigerator with ice maker, microwave range hood, and dishwasher. Adjacent to the kitchen is a spacious dining area with sliding glass doors that lead to a rear deck overlooking the fenced backyardperfect for outdoor entertaining. The large living room and convenient half bath complete the main level. Upstairs, the primary suite offers a walk-in closet and a renovated en-suite bathroom. Two additional bedrooms and a beautifully updated full guest bath provide ample space for family or guests. The finished basement includes a generous family room and a separate utility/storage area. This home features brand new flooring throughout, fresh paint, renovated bathrooms, and an incredible kitchen. Conveniently located near shopping, restaurants, and major commuter routesthis move-in-ready home is a must-see! Seller is a licensed real estate agent.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19702, Newark, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,212 (100%)
Owner Occupied HU	14,557 (65.5%)
Renter Occupied HU	6,887 (31.0%)
Vacant Housing Units	768 ( 3.5%)
Median Home Value	$366,125
Average Home Value	$375,328